Wednesday, June 5, 2013

LOOSE GEMSTONE

LOOSE GEMSTONE

A large
variety of Gemstones is available in the market today for trading and making
Jewelry ornaments. These ‘Loose Gemstones’ are broadly classified as semi –
precious, precious and other quality of Gemstones. The trading and dealing of
the Gemstones has increased drastically due to the increased usage of the
Gemstones in Jewelry items. The demand of ‘Loose Gemstones’ has risen because
of the fact that fashion trends have changed over a period of time. Some people
buy and collect Gemstones for the myths and facts associated with the different
Gemstones. Collectors also claim that the value of a particular Gemstone
increases over a period of time or varies from person to person, which is also
true to an extent. Others believe that Gemstones posses energy and power of the
stars which effects their fortune and life.

‘LooseGemstone’ is a term given to the Gemstones which we see in the market after
being processed from raw Gemstone to the final product. As per the prospect of
the traders, buying Loose Gemstones also involves a certain amount of risk as
it may fetch a lesser price as expected by the buyer at the time of purchasing.
Here, rarity of the Gemstone plays an important role in increasing or
decreasing the price of the Gemstone. The price is also decided by the basic
factors like Cut, Clarity, Color and Carat of the Gemstone. Nowadays,
certification of the Loose Gemstones has also started which reduces the risk of
purchasing fake Gemstones. Certification also helps in somewhat deciding the
price of the Gemstone by mentioning its characteristics completely.

The value
and price of the ‘Loose Gemstone’ also varies from country to country up to a
certain level which is again based on the geographical location of the buying
and purchasing country. This happens due to the availability of the quantity of
that particular Gemstone in that country or all over the world. However, we can
say that if you pay a little attention to details, you will find that dealing
in ‘Loose Gemstones’ is profitable.